Jumbo Loan
Land your dream home the smart way.
Don’t let conforming loan limits keep you from looking at that amazing property.
With a Jumbo Smart loan from Rocket Mortgage, you can borrow up to $2.5 million – and make your dream home a reality.
Jumbo Loan Requirements
Here’s what you’ll need to get started.
- 1.
Minimum 680 Credit Score
A higher loan amount, shortened loan term or adjustable interest rate may require you to have a higher credit score.
- 2.
2% – 6% In Closing Costs
You’ll need 2% – 6% of the purchase price on your home to cover closing costs.
- 3.
Debt-To-Income Ratio ≤ 45%
You’ll need a debt-to-income ratio (DTI) of 45% or lower.
- 4.
Loan To Value Ratio ≤ 89.99%
On 30-year fixed loans, your loan amount can't exceed 89.99% of the purchased home's value. On 15-year fixed and adjustable-rate loans, your loan-to-value ratio can't exceed 80%.
Jumbo Smart Loan Benefits
More Borrowing Power
A Jumbo Smart loan can help you finance a home with a loan up to $2.5 million.
Flexible Loan Use
You can use a Jumbo Smart loan to finance a primary home, second home or investment property.
Less Paperwork
A Rocket Mortgage Jumbo Smart loan requires less documentation than many jumbo loans on the market today.
Get Approved now.
A Jumbo Smart loan from Rocket Mortgage gives you the borrowing power you need – to get the house you love.
See What's Possible
Use our calculators to see what homeownership could look like for you.
Explore Your Home Loan Options
Learn More About Jumbo Loans
Ready for a jumbo loan?
With Rocket Mortgage, it’s fast. Convenient. And customized to your home buying needs.